this post was submitted on 18 Jan 2022
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Privacy

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[โ€“] [email protected] 4 points 3 years ago* (last edited 3 years ago) (4 children)

Pretty uninformed move. Or yet another marketing stunt.

Cryptocurrencies are not bad (edit: for the climate) by essence. Some are (e.g. proof-of-work based consensus ones). Some aren't (e.g. federated bizantine agreement).

The latter does not consume a lot of energy to reach decentralized consensus. That's why I like XLM.

Disclosure: I do not own any crypto assets (edit: and I never did in the past either). I am just an applied cryptographer.

[โ€“] [email protected] 2 points 3 years ago

For example G1 / libre currency, a social crypto who is not using PoW, just a simple method to create new money assign every real persona a fix little amount to create (web of trust). More info: https://duniter.org/

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